エストラスト（3280） – Summary of Financial Results 2022

Consolidated Financial Results for the Fiscal Year Ended February 28, 2022 [Japanese GAAP] Company name: S TRUST Co., Ltd. Stock exchange listing: Tokyo Stock Exchange, Fukuoka Stock Exchange Code number: 3280 URL: http://www.strust.co.jp/ Representative: MATSUKAWA Toru, President and Representative Director Contact: FUJITA Takahisa, Managing Director Phone: +81-83-229-3280 Scheduled date of Annual General Meeting of Shareholders: May 27, 2022 Scheduled date of commencing dividend payments: May 30, 2022 Scheduled date of filing annual securities report: May 30, 2022 Availability of supplementary briefing material on annual financial results: Not available Schedule of annual financial results briefing session: Not scheduled April 8, 2022 1. Consolidated Financial Results for the Fiscal Year Ended February 28, 2022 (March 1, 2021 to February (Amounts of less than one million yen are rounded down.) 28, 2022) (1) Consolidated Operating Results (% indicates changes from the previous corresponding period.) Net sales Operating income Ordinary income Million yen 16,035 16,498 Fiscal year ended February 28, 2022 February 28, 2021 (Note) Comprehensive income: Fiscal year ended February 28, 2022: ¥ 444 million [(19.0)%] Fiscal year ended February 28, 2021: ¥ 548 million [43.4%] % Million yen 654 813 % Million yen 781 979 (20.2) 35.9 (19.5) 44.8 (2.8) 8.3 Net income attributable to owners of parent % Million yen 441 548 % (19.5) 42.1 Net income per share Diluted net income per share Return on equity Ordinary income to total assets Operating income to net sales Fiscal year ended February 28, 2022 February 28, 2021 (Reference) Equity in earnings (losses) of affiliates: Fiscal year ended February 28, 2022: ¥ – million Fiscal year ended February 28, 2021: ¥ – million Yen － － % 6.5 8.7 % 2.4 3.0 % 4.9 5.9 Yen 74.24 92.60 (2) Consolidated Financial Position Total assets Net assets Equity ratio Net assets per share As of February 28, 2022 February 28, 2021 Million yen 25,538 28,702 Million yen 6,942 6,566 % 27.2 22.9 Yen 1,167.13 1,107.88 (Reference) Equity: As of February 28, 2022: ¥6,942 million As of February 28, 2021: ¥6,566 million (Note) Since the beginning of the fiscal year ended February 28, 2022, the Company has early applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29 (revised 2020), published on March 31, 2020), etc. 1 (3) Consolidated Cash Flows Fiscal year ended February 28, 2022 February 28, 2021 2. Dividends Fiscal year ended February 28, 2021 February 28, 2022 Fiscal year ending February 28, 2023 (Forecast) Net cash provided by (used in) operating activities Net cash provided by (used in) investing activities Net cash provided by (used in) financing activities Cash and cash equivalents at end of period Million yen 1,005 (4,920) Million yen 73 (13) Million yen (1,953) 3,995 Million yen 5,444 6,318 Annual dividends 1st quarter-end 2nd quarter-end 3rd quarter-end Year-end Total Total dividends Payout ratio (consolidated) Dividends to net assets (consolidated) Yen － － － Yen 7.00 7.00 9.00 Yen － － － Yen 7.00 9.00 Yen Million yen 82 95 14.00 16.00 9.00 18.00 % 15.1 21.6 － % 1.3 1.4 3. Consolidated Financial Results Forecast for the Fiscal Year Ending February 28, 2023 (March 1, 2022 to February 28, 2023) (% indicates changes from the previous corresponding period.) Net sales Operating income Ordinary income Full year Million yen 16,100 % Million yen 1,200 Yen 117.69 (Note) Consolidated financial results forecast for the first half of the fiscal year ending February 28, 2023 has not been prepared as the Company’s results may fluctuate significantly depending on the time of property delivery. The Company has prepared only its full-year consolidated financial results forecast for the same year. % Million yen 1,000 % Million yen 700 52.8 53.6 0.4 Net income attributable to owners of parent % 58.7 Net income per share 2 Notes: (1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting in changes in scope of consolidation): Yes New: 1 company (Company name: S TRUST Real Estate Co., Ltd.) Excluded: – companies (Company name: ) (2) Changes in accounting policies, changes in accounting estimates and retrospective restatement 1) Changes in accounting policies due to the revision of accounting standards: No 2) Changes in accounting policies other than 1) above: Yes 3) Changes in accounting estimates: No 4) Retrospective restatement: No (Note) For details, please see “3. The consolidated financial statements and primary notes (5) Notes to the consolidated financial statements (changes in accounting policies)” on page 11 of the attachment (Japanese version only). (3) Total number of issued shares (common stock) February 28, 2022: February 28, 2021: 6,167,000 shares 6,167,000 shares 1) Total number of issued shares at the end of the period (including treasury stock): 2) Total number of treasury stock at the end of the period: February 28, 2022: 219,064 shares February 28, 2021: 240,078 shares 3) Average number of shares during the period: Fiscal Year ended February 28, 2022: 5,940,624 shares Fiscal Year ended February 28, 2021: 5,918,789 shares (Reference) Summary of Non-consolidated Financial Results 1. Non-consolidated Financial Results for the Fiscal Year Ended February 28, 2022 (March 1, 2021 to February 28, 2022) (1) Non-consolidated Operating Results Net sales (% indicates changes from the previous corresponding period.) Operating income Ordinary income Net income Fiscal year ended February 28, 2022 February 28, 2021 Million yen 15,378 16,077 % Million yen 592 783 (4.3) 9.3 % Million yen 465 612 (24.4) 34.0 % Million yen 315 416 (24.0) 33.4 % (24.2) 31.2 Net income per share Diluted net income per share Yen 53.12 70.30 Yen － － Fiscal year ended February 28, 2022 February 28, 2021 (2) Non-consolidated Financial Position As of February 28, 2022 February 28, 2021 Million yen 24,377 27,588 Million yen 6,149 5,899 (Reference) Equity: As of February 28, 2022: ¥6,149 million As of February 28, 2021: ¥5,899 million Total assets Net assets Equity ratio Net assets per share % 25.2 21.4 Yen 1,033.94 995.39 * These financial results are outside the scope of audit procedures by certified public accountant or audit firm. * Explanation of the proper use of financial results forecast and other notes 3 The earnings forecasts and other forward-looking statements herein are based on information currently available and certain assumptions deemed reasonable. Actual results may differ significantly from these forecasts due to a wide range of factors. 4